CYPRUS-JERSEY DOUBLE TAX TREATY ENTERS INTO FORCE – COURTESY OF PWC

The first time double tax treaty (DTT) between Cyprus and Jersey signed in July 2016 entered into force on 17 February 2017 as per a recent update of the Cyprus Ministry of Finance. Per the provisions of the DTT it will now take effect as from 1 January 2018.

The treaty provides for 0% withholding tax rates on dividends, interest and royalties.

Read the full details in the Newsletter here:- PWC N-5-2017

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